Jakarta, July 3 -- The Indonesian Iron and Steel Industry Association (IISIA) stated Indonesia has a massive opportunity to emerge as an investment center and a growth hub for steel industry in the Southeast Asian region.

Backed by solid economic fundamentals, growing domestic steel consumption, and increasing investments in the downstream sector, Indonesia is becoming increasingly strategic as a primary partner for regional steel industry development, Chairman of the IISIA Akbar Djohan said here on Friday.

"Southeast Asia is currently one of the regions with the most promising steel industry growth prospects globally. As the largest economy in ASEAN, Indonesia possesses a massive opportunity to attract investments, while strengthening ...